ON24 (NYSE:ONTF) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.16) by 56.25 percent. This is a 133.33 percent decrease over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $47.58 million which beat the analyst consensus estimate of $47.41 million by 0.35 percent. This is a 3.62 percent decrease over sales of $49.36 million the same period last year.
Insider Trading Is Alive And Well: SEC Goes After Hedge Funder For Millions
The Securities and Exchange Commission (SEC) on Thursday brought insider trading charges against two individuals for allegedly using non-public information to profit from at least seven merger announcements involving special purpose acquisition companies (SPACs).